If a businessman lives, works, banks, invests, owns a business, and hold assets all in just one country or in one company, he is putting all eggs in one basket. Hong Kong Company and Hong Kong would definitely be a great second basket even if your business already based elsewhere.
To ensure we could take over foreign investors' company establishment distractions so they could focus on real business operations, Business China provides an all-round One-stop Hong Kong Limited Company Registration and Related Services:
Hong Kong is a highly developed international metropolis and the freest trade and commerce port in the world. As an international finance center, Hong Kong plays a crucial role in global economic activity.
Business China has registered more than ten thousand Hong Kong companies and has accumulated a large number of registered Hong Kong company experience and professionalism. Our unique one-stop registration services include Hong Kong company registration, Hong Kong registered trademarks, Hong Kong company year annual report, Hong Kong company accounting, Hong Kong company capital transfer and financial consulting.
Hong Kong Company's Advantages
Relatively cheap and quick to set up
It is relatively cheap and quick to set up with all documents provided through email is enough. Business China provides the one-year business address service and one-year secretary service. For the setup, you are not required to show up in Hong Kong, ONLY bank account need.
0% corporate tax for transactions outside of Hong Kong
Hong Kong corporate tax rate is zero percent for transactions completed outside of Hong Kong, which means as long as parties involved in the transaction are not Hong Kong entities, the tax rate is zero.
Personal expenses could be used as business expenses to lower your costs annually
Major personal expenses can be used as expenses as apartment's rental, electricity bill, water bill, transportation fee. So, keep these receipts in your hands, later we will need this for your Hong Kong company’s auditing.... This alone could save you thousands annually. Basically, annually cost for Hong Kong company is company renew and auditing, this cost is few.
Hong Kong provides stability and worldwide recognition
Hong Kong has countless advantages such as superior business environment, circulating fund, a collection of professionals from all over the world, with perfect infrastructure, independent of the rule of law system, as well as the low tax rate. Coupled with good infrastructure and a sound legal system itself. Therefore, more and more businessmen establish and develop their own companies with various purposes in Hong Kong, which not only improves the company image, but also enhances the competition ability of the enterprise itself.
Hong Kong has one of the best banking institutions worldwide
Hong Kong, reputed to have the highest concentrations of banking institutions across the world, has long been the international financial center with renowned banking privacy. As long as you have WIFI and a laptop, you would be able to transfer your finance just with a tap on the banking devices HSBC, Hang Seng, DBS gave to you in a second anywhere.
Because of Hong Kong’s stringent anti-money laundering rules, you cannot open a business bank account online if it is your first business account in Hong Kong. Till now, all International and local banks require a personal show-up with the bank manager before a corporate bank account is opened in Hong Kong. However, once you have internet banking up and running, you can open as many accounts as you like using the online system.
To ensure we could take over foreign investors' company establishment distractions so they could focus on real business operations, Business China provides an all-round One-stop Hong Kong Limited Company Registration and Related Services:
- Hong Kong Company Registration
- Hong Kong Company Bank Account Guaranteed Package
- Hong Kong Company European Bank Account
- Hong Kong Company Management Services
- Hong Kong Company Accounting Services
- Hong Kong Company Deregistration Service
Overview
Hong Kong is a highly developed international metropolis and the freest trade and commerce port in the world. As an international finance center, Hong Kong plays a crucial role in global economic activity.
Business China has registered more than ten thousand Hong Kong companies and has accumulated a large number of registered Hong Kong company experience and professionalism. Our unique one-stop registration services include Hong Kong company registration, Hong Kong registered trademarks, Hong Kong company year annual report, Hong Kong company accounting, Hong Kong company capital transfer and financial consulting.
Hong Kong Company's Advantages
Relatively cheap and quick to set up
It is relatively cheap and quick to set up with all documents provided through email is enough. Business China provides the one-year business address service and one-year secretary service. For the setup, you are not required to show up in Hong Kong, ONLY bank account need.
0% corporate tax for transactions outside of Hong Kong
Hong Kong corporate tax rate is zero percent for transactions completed outside of Hong Kong, which means as long as parties involved in the transaction are not Hong Kong entities, the tax rate is zero.
Personal expenses could be used as business expenses to lower your costs annually
Major personal expenses can be used as expenses as apartment's rental, electricity bill, water bill, transportation fee. So, keep these receipts in your hands, later we will need this for your Hong Kong company’s auditing.... This alone could save you thousands annually. Basically, annually cost for Hong Kong company is company renew and auditing, this cost is few.
Hong Kong provides stability and worldwide recognition
Hong Kong has countless advantages such as superior business environment, circulating fund, a collection of professionals from all over the world, with perfect infrastructure, independent of the rule of law system, as well as the low tax rate. Coupled with good infrastructure and a sound legal system itself. Therefore, more and more businessmen establish and develop their own companies with various purposes in Hong Kong, which not only improves the company image, but also enhances the competition ability of the enterprise itself.
Hong Kong has one of the best banking institutions worldwide
Hong Kong, reputed to have the highest concentrations of banking institutions across the world, has long been the international financial center with renowned banking privacy. As long as you have WIFI and a laptop, you would be able to transfer your finance just with a tap on the banking devices HSBC, Hang Seng, DBS gave to you in a second anywhere.
Because of Hong Kong’s stringent anti-money laundering rules, you cannot open a business bank account online if it is your first business account in Hong Kong. Till now, all International and local banks require a personal show-up with the bank manager before a corporate bank account is opened in Hong Kong. However, once you have internet banking up and running, you can open as many accounts as you like using the online system.
Benefits
Benefits of HK Company
Relying on the super-financial system
Hong Kong is a super finance center, in which, besides being free to have remittance to all countries, there are more than 200 kinds of financial services. You can also do an operation of the bank through the Internet and electronic trading service, which is very convenient. Hong Kong is an international city, having a good relation with other cities around the world. Hong Kong Limited can give your partner and any cooperator a reliable impression due to the fact that Hong Kong has an excellent financial center and law system, which can be very helpful to your business expansion and development. If you want your products or company to set up a brand, Hong Kong is the best place in the world since it has a set of perfect intellectual protection laws, the world recognition mechanism. After setting up a company, it can open a bank account all over the world.
Having a chance to buy Hong Kong property, equities, lending, mergers and financing
You can purchase of any property and public stock in the name of Hong Kong Limited freely. Hong Kong is an international financial center, Hong Kong Limited can apply for any bank facilities such as Credit Card, bank credit, LC service, and issuing stock and bonds on the basis of the company's financial position, applying to the government for any trust fund to assist the company in its business development and so on.
Limited liability and unlimited business scope
You will have limited liability because of the limited company, the risk of operating business will not implicate without any shareholders’ private real estate and property. Hong Kong Limited company is legal and independent, you and your limited company have no relation in the law, and therefore, you do not need to take any responsibilities for it. That is one of the features of Hong Kong limited company. Hong Kong Limited can operate any business and the limitation on the business scope is minimal, apart from illegal business. The scope of business is unlimited means: financial, medical, shipping transportation, import and export trade, real estate, construction, decoration, information network, tourism, academy, culture, publishing, associations, research institutes and other high-tech industries can totally become our businesses.
Low tax environment is conducive to development
Hong Kong tax rate is low. If you do not operate local business, you can be free of any tax, you can also arrange tax appropriately, enjoy a reasonable and legal tax mitigation. The scope of Hong Kong tax is minimal, and meanwhile, Hong Kong is one of the lowest tax rate places in the world. Low tax rate and less tax species cause many organizations enjoy a reasonable tax mitigation under its tax benefits. If you set up a company in HK, you should only pay for profits tax, the tax rate is 16.5%. This kind of tax is calculated according to the actual profits. If the company does not have the profit, it cannot pay for the tax. HK does not have import-export duties apart from cigarettes and wine and some special products.
Flow of people, logistics, money in and out freely
HK is the freest and most prosperous commercial port in the world. It has a good infrastructure. The flow of people, logistics and money can freely in and out in HK. To be specific, free flow of people gives expression to visa-free deals in Hong Kong and more than 100 countries, and the pearl river delta is about to launch a visa-free travel plan; free logistics means no customs duties are imposed on goods in and out of the country, marine and air logistics processing speed is extremely fast; finally, free funds reflect there is no foreign exchange control in Hong Kong. All kinds of foreign currencies can be exchanged at any time and there are no restrictions on the flow of funds. Businessmen like to use the bank of Hong Kong to facilitate the sending and receiving of letters of credit
Little registered capital and no capital verification is required
The establishment of the registered capital will directly affect the decision of the shareholders to establish the company. No matter the amount of registered capital in Hong Kong, it is not necessary to bring the funds to the bank of Hong Kong. The Hong Kong government requires a minimum registered capital of HK $10,000 and you can raise capital according to actual conditions. HK can be regarded as the window of international market expansion and the springboard to enter the mainland market due to its special history condition and geographic location. Thanks to the advantages HK has made for the development of domestic enterprises, you can easily get the trust and cooperation of foreign companies. On the other hand, foreign investors prefer to establish regional headquarters in HK as their springboard of investment in China.
Freely choose name
Whatever our registered capital size, the Hong Kong government allows the company's name to be regional and industrial, such as the international, group, holding, investment, industry, enterprise, association, chamber of commerce, federation, foundation, promotion, center, company, university, college and institute, press, travel agency, board size and so on.
Business Registration Hong Kong
- Documents for Hong Kong Company Registration
- All shareholders' valid identity card or passport copy;In the case of an enterprise be the shareholder, the business license copy and the identity card copy of the director should be provided
- Proposed Hong Kong Company name (English name must be provided, Chinese name is optional)
- The registered capital is 10000 Hong Kong Dollars by default without capital verification
- Registered address for one year will be provided by Business China
- Company secretary service provided by Business China
Registration Process
- Entrusted Business China to check the name of the Hong Kong Company
- Submit "Hong Kong Company Incorporation Form" to Business China
- Government approval process
- Hong Kong company files finalized
- Business China will courier the ready Hong Kong Company file to customers' hand by International Express
Documents Obtained after the Completion of Hong Kong Limited Company Registration
- Certificate of Incorporation / CI
- Business Registration Certificate / BR
- Incorporation Form / NNC1
- CPA File
- Memoradum and Articles of Association / M & A
- Two Company Stamps and one Press Stamp
- Share Certificate
- Statutory Book
Hong Kong Bank Account
Banks We Work with
Documents to Open a Hong Kong Bank Account
- Certificate of Incorporation / CI
- Business Registration Certificate / BR
- Memorandum and Articles of Association / M & A
- Shareholders holding 10% shares and above / directors/ beneficial owner's Identification document (passport/HKID) & Proof of living address (e.g.: water bill, electricity bill, gas bill, telephone bill with name and address issued within 3 months)
- Business Proof: Waybill/air waybill/customs declaration/Invoices/contracts or mainland companies’ business license, invoice/contract
Bank Account Opening Steps
- Give guidance and a comprehensive evaluation based over each customer’s situation
- Assist client to review and prepare file to meet the requirement of bank
- After confirming the required file, make an appointment with the bank manager
- We will follow up all details, while customers only need to receive text message and bank token from the bank
- After opening the bank account, we will keep customers informed of bank notices effectively and provide one-stop post-incorporation services
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